Regulatory Alerts2017-05-16 | RESOLUCIONES DE DIRECTORIO N° 065/2017Added · Updated
Board Resolution No. 065/2017: Approval of the Legal Reserve Regulation
The Board of Directors of the Central Bank of Bolivia approved the Legal Reserve Regulation for Financial Intermediation Entities, establishing technical and operational conditions for legal reserve compliance. The regulation sets reserve rates at 6% in cash and 5% in securities for national currency liabilities, and 13.5% in cash and 35-43% in securities for foreign currency liabilities, with specific requirements for fixed-term deposits based on maturity. The regulation entered into force on May 23, 2017, and repealed previous Board Resolutions No. 107/2016 and No. 214/2016.
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